Equity Health

Analysis

Equity Health is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Equity Health reported income of $10.9m and spending of $11.2m, spending 103% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $8.9m to $10.9m (+22%), an average of +6.8% a year. The sharpest change came in the year to March 2022, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Equity Health sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Mae Volen Senior Center Inc ($10.9m), Parentchild Plus Inc ($10.9m) and Kintock Group Inc ($10.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 18% and program service revenue 83% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $24.0m against liabilities of $6.5m, net assets of $17.6m. It reported 55 employees.